Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 4,338, 1,544 total housing units (homes and apartments), and a median house value of $432,984, Plain City real estate is some of the most expensive in Ohio, although Plain City home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Plain City, accounting for 69.91% of the village's housing units. Other types of housing that are prevalent in Plain City include row houses and other attached homes ( 10.72%), large apartment complexes or high rise apartments ( 10.60%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.76%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Plain City. Owner-occupied housing accounts for 68.26% of Plain City's homes, and 57.84% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Plain City built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Plain City built between 2000 and later ( 29.35%). A lesser amount of the housing stock also hails from before 1939 ( 23.28%). There's also some housing in Plain City built between 1940-1969 ( 16.05%).
Appreciation rates for homes in Plain City have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 103.16%, which ranks in the top 40% nationwide. This equates to an annual average Plain City house appreciation rate of 7.35%.
Appreciation rates are so strong in Plain City that despite a nationwide downturn in the housing market, Plain City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Plain City appreciation rates continue to be some of the highest in America, at 8.63%, which is higher than appreciation rates in 71.92% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Plain City. Plain City appreciation rates in the latest quarter were at 3.84%, which equates to an annual appreciation rate of 16.25%.
Relative to Ohio, our data show that Plain City's latest annual appreciation rate is lower than 50% of the other cities and towns in Ohio.
$432,984
for Ohio
for nation
1,544
$1,831 / per month